GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » PayPal Holdings Inc (BUE:PYPL) » Definitions » Cyclically Adjusted Revenue per Share

PayPal Holdings (BUE:PYPL) Cyclically Adjusted Revenue per Share : ARS2,122.17 (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is PayPal Holdings Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

PayPal Holdings's adjusted revenue per share for the three months ended in Dec. 2023 was ARS2,675.333. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ARS2,122.17 for the trailing ten years ended in Dec. 2023.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2024-04-29), PayPal Holdings's current stock price is ARS8953.50. PayPal Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ARS2,122.17. PayPal Holdings's Cyclically Adjusted PS Ratio of today is 4.22.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of PayPal Holdings was 4.42. The lowest was 2.94. And the median was 3.58.


PayPal Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for PayPal Holdings's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PayPal Holdings Cyclically Adjusted Revenue per Share Chart

PayPal Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2,122.17

PayPal Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 1,073.33 1,761.20 2,122.17

Competitive Comparison of PayPal Holdings's Cyclically Adjusted Revenue per Share

For the Credit Services subindustry, PayPal Holdings's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PayPal Holdings's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, PayPal Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where PayPal Holdings's Cyclically Adjusted PS Ratio falls into.



PayPal Holdings Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, PayPal Holdings's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2675.333/129.4194*129.4194
=2,675.333

Current CPI (Dec. 2023) = 129.4194.

PayPal Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 12.508 99.695 16.237
201406 13.562 100.560 17.454
201409 13.996 100.428 18.036
201412 15.785 99.070 20.621
201503 15.449 99.621 20.070
201506 17.108 100.684 21.991
201509 17.303 100.392 22.306
201512 26.787 99.792 34.740
201603 30.329 100.470 39.068
201606 30.491 101.688 38.806
201609 32.770 101.861 41.636
201612 38.798 101.863 49.294
201703 37.718 102.862 47.456
201706 42.557 103.349 53.292
201709 46.409 104.136 57.677
201712 58.123 104.011 72.322
201803 61.010 105.290 74.992
201806 80.028 106.317 97.418
201809 113.036 106.507 137.353
201812 133.452 105.998 162.940
201903 135.828 107.251 163.904
201906 162.041 108.070 194.053
201909 206.098 108.329 246.222
201912 249.610 108.420 297.956
202003 241.887 108.902 287.460
202006 304.196 108.767 361.955
202009 340.568 109.815 401.367
202012 418.252 109.897 492.552
202103 456.683 111.754 528.871
202106 498.251 114.631 562.528
202109 509.247 115.734 569.463
202112 590.574 117.630 649.767
202203 593.936 121.301 633.687
202206 707.225 125.017 732.131
202209 822.171 125.227 849.699
202212 1,082.905 125.222 1,119.205
202303 1,226.413 127.348 1,246.363
202306 1,569.910 128.729 1,578.333
202309 2,364.234 129.860 2,356.221
202312 2,675.333 129.419 2,675.333

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


PayPal Holdings  (BUE:PYPL) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

PayPal Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8953.50/2122.17
=4.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of PayPal Holdings was 4.42. The lowest was 2.94. And the median was 3.58.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


PayPal Holdings Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of PayPal Holdings's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


PayPal Holdings (BUE:PYPL) Business Description

Industry
Address
2211 North First Street, San Jose, CA, USA, 95131
PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions. The company had 435 million active accounts at the end of 2022. The company also owns Venmo, a person-to-person payment platform.